Arlington Asset Investment (AI) Issues Earnings Results

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Arlington Asset Investment (NYSE:AI) issued its earnings results on Tuesday. The financial services provider reported $0.44 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.18 by $0.26, MarketWatch Earnings reports. Arlington Asset Investment had a negative return on equity of 12.03% and a negative net margin of 46.83%. The firm had revenue of $10.62 million for the quarter.

NYSE:AI opened at $8.70 on Wednesday. The company has a market cap of $268.25 million, a price-to-earnings ratio of 13.18 and a beta of 0.94. Arlington Asset Investment has a twelve month low of $6.92 and a twelve month high of $11.92. The company has a current ratio of 1.10, a quick ratio of 0.03 and a debt-to-equity ratio of 0.24.

The business also recently declared a quarterly dividend, which was paid on Thursday, January 31st. Shareholders of record on Monday, December 31st were given a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a dividend yield of 17.24%. The ex-dividend date was Friday, December 28th. Arlington Asset Investment’s dividend payout ratio (DPR) is 227.27%.

A number of equities analysts have issued reports on the company. Maxim Group restated a “hold” rating on shares of Arlington Asset Investment in a report on Tuesday. TheStreet cut Arlington Asset Investment from a “c” rating to a “d+” rating in a report on Wednesday, October 24th. Zacks Investment Research cut Arlington Asset Investment from a “hold” rating to a “strong sell” rating in a report on Friday, October 26th. Finally, ValuEngine upgraded Arlington Asset Investment from a “strong sell” rating to a “sell” rating in a report on Wednesday, January 2nd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $14.25.

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About Arlington Asset Investment

Arlington Asset Investment Corp. (NYSE: AI) is a principal investment firm that currently invests primarily in mortgage-related and other assets. The Company is headquartered in the Washington, DC metropolitan area. For more information, please visit www.arlingtonasset.com.

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Earnings History for Arlington Asset Investment (NYSE:AI)

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